Skip to main content

Sports Betting Terms: A Glossary for Sports Bettors



The betting industry is a world in and of itself. It has its own rules, its own languages and of course, there’s a unique excitement associated with the exercise. Every year, millions of dollars are spent on people betting on their teams; some to win money, others for the sake of it and many would probably tell you that they don’t even know the half of it.
Before you can go into betting, you need to know how the sport works and how people talk in the world of betting. This language will make it a lot easier for you to communicate your bets and socialize with others in your circle. You’ll have a better time and you’ll understand betting itself better if you can get the lingo down.
So, without further ado, here’s a list of common betting terms that all bettors should know:

Action

This means that the betting is soon to start on any specific event. Having action on a sports event means that you have placed a bet on the event.

Backdoor Cover

This is what happens when a team makes a sudden comeback to cover the spread that it’s supposed to achieve in order for the bet to be winning one. So, if your team trailed for a while in the match, but then it suddenly overcame the spread to win, that’s called a backdoor cover.

Bad Beat

This is what you call losing a bet that you were sure was a win. This rarely ever happens and is used to refer to an unexpected turn of events in a sports events. Usually when an underdog wins a match or somehow beats the odds set, that’s called a bad beat.

Cover

This is called the end result of a point-spread wager. For example; if you’re betting on a basketball game, then if the favorite team wins by more than the spread, it has said to have covered. If the underdog wins the match or loses by less than the spread then it is said to have covered.

Edge

This is a term used to refer to an advantage in betting. This is commonly used to refer to slot machine betting, where the house always has an edge and players try to get an edge over it with their strategies.
KB99BET is an online gambling website in Singapore. We offer our clients some of the best online sports betting odds on basketball, soccer and much more. In addition to our online betting services in Singapore, we also have online slots, lucky numbers and multiple other gambling options to bet on. Visit our website today for more information.
Location: Singapore

Comments

Post a Comment

Popular posts from this blog

Manchester City or Liverpool: Who’ll win the Premier League?

Over the years, we have seen some amazing finishes to Premier League seasons. Who remembers the 2009/2010 season, when Carlo Ancelotti’s Chelsea edged Sir Alex Ferguson’s Manchester United side by a single point? And who  doesn’t  remember Sergio Aguero’s last-gasp goal against QPR that secured Manchester City’s first title in 44 years?  However, before the current season began, it had been a few years since we had witnessed a truly close title race. Manchester City ran away with the title last season, and so did Chelsea in the season before that. However, this season has been a different story. The title race we’ve witnessed in the 2018/19 season has truly been one for the ages, with both Manchester City and Liverpool being relentless for the entirety of the campaign. There are only 2 games left to go with just a point separating Pep Guardiola and Jurgen Klopp’s sides. Will Manchester City manage to retain their crown or will Liverpool finally end their 29-yea...
Post a Comment
Read more

Upcoming Football contests that all Bettors Need to Lookout For

Now that the regular season has wrapped up and the UCL is about to conclude, many bettors seem to be disheartened thinking that there are no other opportunities to pit their fortunes against. However, there is still much more in store for veteran bettors for some action that they can bet on to make a lot of money. With the upcoming Euro qualifiers, the international friendless and all sorts of competition that you can be a part of, the world of betting is unlikely to die down any time soon. Some of the matches that you might want to look out for include: France Vs Bolivia The latest addition to the ranks of repeat world cup winners, France, are looking to warm up before they begin their Euro campaign that is about to set off sometime around early to late June. The star studded line-up is going up against a fresh Bolivian team that has been the source of many upsets in the recent years, especially the 6-1 win Argentina back in 2018.   There is little that anyone can sa...
Post a Comment
Read more

The Beginner’s Guide to Sports Betting

Betting on sports events can be a lot of fun. With higher stakes and if you’re already a fan of whatever team/animal/car you’re betting on, can make the whole experience almost magical in its excitement. However, this is something that holds true for someone who’s into bets just for the betting; for someone who’s in it to win it, there’s a lot more calculation going on. If you’re one such person, then you’re going to have to know how betting itself actually works. It means understanding what type of bets you can place, how the odds are set and what strategies you ought to use to make the most amount of money. Betting can be pretty complicated, so we’re going to run you through the basics of betting to make sure you make the smart bet. Money Lines and Handicapping This is a concept that handicappers and odds-setters often implement to make sure that the betting is fair. So let’s say you’re going to bet on a soccer game between Argentina and India. Of course, there is no ...
Post a Comment
Read more